Cyber security levy
Levy????
the synonyms for Levy are tax, fee and fine. Yes, fine. So basically the Federal Government of Nigeria wants to place a fine on anybody who is using online transaction in the guise of cyber security.
it is most annoying because normally, providing security is the responsibility of the government and the fact that such an obscene idea would even be thought of is not just insane but opens up a vista that makes one wonder what next? Will the next action be for Nigerians to pay for their own physical security?
in other climes the government provides enabling environment that encourages people to engage in online transactions, but not Nigeria where they want to Stiffle every online transaction. For perspective, the current taxes and fees already paid for all transactions are reflected in the image above and one cannot help but wonder....
is Nigeria being restrategised to fail???
0.005 per 1000 or 0.5% in the guise of cyber security tax feels like the government has her knees on our necks!
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